Corning Incorporated (NYSE:GLW) reported fourth-quarter 2025 results that came in ahead of market expectations on Wednesday, although its shares fell 3.6% in premarket trading.
The specialty glass and ceramics group delivered adjusted earnings of $0.72 per share, beating the consensus estimate of $0.70. Revenue totaled $4.41 billion, also above forecasts of $4.36 billion, marking a 14% increase from the same quarter a year earlier. Earnings growth outpaced sales, rising 26% year over year.
Looking ahead, Corning Incorporated said it expects first-quarter 2026 core sales of between $4.2 billion and $4.3 billion, implying roughly 15% year-on-year growth. Core earnings per share for the quarter are projected in a range of $0.66 to $0.70.
“Since the launch of Springboard two years ago, we have transformed Corning’s financial profile,” said Wendell P. Weeks, chairman, chief executive officer, and president. “From Q4-2023 to Q4-2025, we expanded core operating margin by 390 basis points to 20.2%, and expanded core ROIC 540 basis points to 14.2%, while nearly doubling adjusted free cash flow.”
Performance across business lines was mixed. The Optical Communications segment led growth, with sales jumping 24% year on year to $1.7 billion. By contrast, revenue in the Display segment edged down 2% to $955 million compared with the prior-year period.
Corning also unveiled an expanded version of its Springboard Plan, lifting its target for incremental annualized sales to $11 billion by the end of 2028, up from the previous goal of $8 billion. For 2026, the company increased its internal sales growth target to $6.5 billion from $6 billion.
For full-year 2025, Corning reported core sales of $16.41 billion, representing 13% growth year on year, while core earnings per share climbed 29% to $2.52.